Predator Oil & Gas Holdings plc has reached a final settlement over its carbon dioxide enhanced oil recovery (CO2 EOR) well participation agreement at the Inniss-Trinity project in Trinidad. LITIGATION In June 2022, the company began litigation against the Challenger Energy Group plc over a loan and premature termination of the project. The agreed settlement […]
Day: 15 November 2024
GreenRoc 2022 drilling confirms consistent high grade graphite intersections at Amitsoq
GreenRoc Mining plc said that completion of its Phase II drilling programme confirmed consistent high-grade graphite intersections at its flagship Amitsoq project in South Greenland. MINEABLE WIDTHS The company, which began Phase II in June 2022, has given the results to the independent competent person for a revised mineral resource assessment, expected in January 2023. Results show […]
Condor Gold appoints Denham Eke as NED
Condor Gold plc has appointed Denham Eke as a non-executive director of the company. Mr Eke’s appointment is a condition of Galloway Ltd’s subscription for the £1m unsecured convertible loan notes on 28 November. He is the sole director of Galloway Ltd, an 18.7% shareholder in Condor which is wholly owned by Burnbrae Group Ltd […]
Corcel’s proposed director to subscribe for 38.8m shares intended for distribution
Corcel plc said that its proposed director Mr Yan Zhao will subscribe for a third of shares previously earmarked for distribution by private investment company AUSPECT Investment PTY Ltd. FUNDRAISE On 14 December 2022, Corcel announced it had raised £466,000 at a “significant premium” to the current share price from AUSPECT. The Australian company had told […]
Condor Gold raises £3.3m for La India sale
Condor Gold plc raised £3.3 million from an open offer of 12,156,374 shares and placing 3,004,999 new ordinary shares along with a previous £1m investment from the company’s chairman. FUNDRAISE The fundraise announced on 5 December allowed qualifying shareholders to subscribe for one open offer share for every six existing ordinary shares at a price […]